C4 Value
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Le Mans Master
Joined: Nov 2001
Posts: 6,984
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From: Central Coast CA
C4 Value
I'm amazed at how much my 96 has gone down in value since when I got it in 98. I only put around 3,000 miles on it and it's in better condition then when I bought it. I know cars are a terrible investment and that's not what I bought it for but, still would be nice to know it was worth more. Makes me nervous about wanting to buy a new C5.
Elite Torch Red Member
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From: Exit 89 GSP,Lakewood,NJ The Land Of Mojo
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Re: C4 Value (Shylor)
It's only worth as much as someone is willing to pay for it. If you never sell it, it won't matter.
I paid $22k for my '95 back in '99, today I'd be lucky to get $14k for it, of course, I've put on 55,000 more miles on it since I've had it.
I bought my '93 a little over a year ago for $15k, I can probably still get that, but wouldn't be surprised if I didn't.
Just hang on to it and don't worry about it, have fun with it.
I paid $22k for my '95 back in '99, today I'd be lucky to get $14k for it, of course, I've put on 55,000 more miles on it since I've had it.
I bought my '93 a little over a year ago for $15k, I can probably still get that, but wouldn't be surprised if I didn't.
Just hang on to it and don't worry about it, have fun with it.
Drifting
Joined: Aug 2002
Posts: 1,890
Likes: 1
From: Bismarck North Dakota
Re: C4 Value (Shylor)
Kelly and Edmunds have it much lower at $15k to $17k.
Le Mans Master
Joined: Dec 2002
Posts: 6,715
Likes: 2
From: Santa Teresa New Mexico
Re: C4 Value (Shylor)
Central Coast?
A local dealer in Santa Cruz offered a 95 coupe for 15k.
Private party cars are advertised for $15 to $17k.
If I were selling a 95 with 33k miles I'd expect to get $15 to $17k.
$15k is wholesale for 95-96.
Every dealer that I know uses KKB only.
If you want a C-5 don't worry about re-sale Corvette prices are very unstable
and you wont recoup your investment.
A local dealer in Santa Cruz offered a 95 coupe for 15k.
Private party cars are advertised for $15 to $17k.
If I were selling a 95 with 33k miles I'd expect to get $15 to $17k.
$15k is wholesale for 95-96.
Every dealer that I know uses KKB only.
If you want a C-5 don't worry about re-sale Corvette prices are very unstable
and you wont recoup your investment.
Pro
Joined: Aug 2002
Posts: 614
Likes: 0
From: Edmond OK
Re: C4 Value (rainsux89)
Kelly and Edmunds have it much lower at $15k to $17k.
These guys tend to be on the low side, especially Edmunds. Try www.nada.com, they are the auto sales industry standard for pricing. NADA prices are what you will find on a dealer's lot. 65Z01's estimate is right on. :thumbs:
These guys tend to be on the low side, especially Edmunds. Try www.nada.com, they are the auto sales industry standard for pricing. NADA prices are what you will find on a dealer's lot. 65Z01's estimate is right on. :thumbs:
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Safety Car
Joined: Jul 2002
Posts: 4,548
Likes: 3
From: SCMR Rat Pack'r Charter Member, Inland Empire Chapter
Re: C4 Value (rainsux89)
wow...NADA says my '91 coupe is worth 14.1k. I paid 11.9k last summer and its beautiful inside and out plus a 6 speed. And that price was at least 1k higher than average for here as its a stick. The same place I got mine recently had a '94 purple/tan vert, a beautiful car, for 12.9k. Just before I got my quasar blue coupe there they had a '90 yellow/black vert for 9.9k and a '89 red/black roadster for 11.5k. They always have 3-5 vettes there and are usually all in the 80+k mileage range but always nice clean cars (mine had 99k when I bought it). You could have eaten off the engine in mine it was so clean. Yeah, theres good deals to be had as long as people take their time and dont get caught up in "corvette buiyng fever". Thing is though I dont really care about the price as I dont plan on selling it. I just want to buy more vettes now :auto: :auto: :auto:
Race Director
Joined: Dec 2002
Posts: 13,350
Likes: 233
From: SCMR Rat Pack'r Charter Member..Great Bend KS
Re: C4 Value (Shylor)
I'm amazed at how much my 96 has gone down in value since when I got it in 98. I only put around 3,000 miles on it and it's in better condition then when I bought it. I know cars are a terrible investment and that's not what I bought it for but, still would be nice to know it was worth more. Makes me nervous about wanting to buy a new C5.
Cars are not real estate. And our '96s aren't even big-block C2s, '96s are far too new to have bottomed out.
Buy 'em. Drive 'em. Enjoy 'em. Love 'em.
(you don't drive an investment)
Larry
code5coupe
:seeya
Instructor
Joined: Jan 2002
Posts: 245
Likes: 0
From: Newport News VA
Re: C4 Value (Shylor)
Corvettes hold their value much better than any other car around. Try looking up the value on like a '96 VW or something if you can find it. These cars have a cycle and once they hit the bottom price wise they usually begin to go back up. Compare values of C-3s now verses 10 years ago. The big C-4s such as Convertables, ZR1s, GS, and hard tops will hold their vaule but the everyday C4s will still be worth much more than any other car. Sell??? Not me, well maybe for a 6 speed.
Le Mans Master
Joined: Dec 2002
Posts: 6,715
Likes: 2
From: Santa Teresa New Mexico
Re: C4 Value (9T4YY1)
Mercedes has the best resale value. Corvette and the Mercedes SL's held thier value for quite some time. But not anymore. The C-4 is stable but it drops in value every 2-3 months when the new KBB books come out.
Retail values haven't changed this year.
There really isn't any car thats keeping a good percentage of its orginal cost.
Corvettes are fun but they're not an investment.
Retail values haven't changed this year.
There really isn't any car thats keeping a good percentage of its orginal cost.
Corvettes are fun but they're not an investment.
Race Director
Joined: Mar 1999
Posts: 16,950
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From: Stafford, Virginia Kittah, Kittah, Kittah...
Re: C4 Value (Shylor)
Well, as someone mentioned they're worth what someone is willing to pay for it... If you want a reality check, go check out some of those "cheaper" C4s and you'll see your's is worth quite a bit more...
I was thinking of upgrading to a C5, but when I saw the prices of the C4s I was getting discouraged... I decided maybe I'll look for an LT4 instead... I was pretty disappointed in the condition of the cars I saw that were the same year as mine... More miles, scratches, wear and tear, etc...
If you find one in very good condition, you'll feel better about yours when you see their asking price...
A 96 can be had for as low as $12K if you don't care about it's condition... Find one that is almost showroom clean and you're looking at $20K and up...
About the only way you're going to get what your vehicle is worth is to sell it privately and hold out for your price... If someone doesn't like it, tell them to go find another one... If they're holding out for an excellent condition car, they'll be back...
Our 96s are seven years old now and the pool of good clean cars is shrinking everyday...
I was thinking of upgrading to a C5, but when I saw the prices of the C4s I was getting discouraged... I decided maybe I'll look for an LT4 instead... I was pretty disappointed in the condition of the cars I saw that were the same year as mine... More miles, scratches, wear and tear, etc...
If you find one in very good condition, you'll feel better about yours when you see their asking price...
A 96 can be had for as low as $12K if you don't care about it's condition... Find one that is almost showroom clean and you're looking at $20K and up...
About the only way you're going to get what your vehicle is worth is to sell it privately and hold out for your price... If someone doesn't like it, tell them to go find another one... If they're holding out for an excellent condition car, they'll be back...
Our 96s are seven years old now and the pool of good clean cars is shrinking everyday...
Safety Car
Joined: Dec 1999
Posts: 4,691
Likes: 1
From: Framingham MA
Re: C4 Value (BioRxOkc@aol.com)
NADA is correct? According to that, then my '89 convertible is worth average retail of OVER $14,000! Hey, any takers out there?
I was reading one of my Corvette magazine price guides and they mentioned that the nice low mileage C4 didn't seem to drop in price in the last year, but the high mileage worn out C4 were real cheap. I would probably say that is pretty accurate from what I have seen.
[Modified by dgoodhue, 10:21 AM 3/25/2003]
Melting Slicks
Joined: Sep 2001
Posts: 3,054
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From: atlanta ga
Re: C4 Value (dgoodhue)
.
I was reading one of my Corvette magazine price guides and they mentioned that the nice low mileage C4 didn't seem to drop in price in the last year, but the high mileage worn out C4 were real cheap. I would probably say that is pretty accurate from what I have seen.
[Modified by dgoodhue, 10:21 AM 3/25/2003]
I was reading one of my Corvette magazine price guides and they mentioned that the nice low mileage C4 didn't seem to drop in price in the last year, but the high mileage worn out C4 were real cheap. I would probably say that is pretty accurate from what I have seen.
[Modified by dgoodhue, 10:21 AM 3/25/2003]
:iagree: thats a fact. you get what you pay for. if you want good you pay good money. if you want cheap you can pay cheap.